Singapore's Transport Minister Jeffrey Siow defended Singapore Airlines' investment in Air India, stating the airline funded the stake from its own balance sheet. He noted that overseas investments may not yield immediate returns and that the value of the Air India investment is for Singapore Airlines and its shareholders to determine. Siow also confirmed that the airline's ability to serve Singaporeans has not been negatively impacted by this investment. AI
RANK_REASON Ministerial statement defending a company's investment strategy, not a core AI event.
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